Tuesday, December 18, 2012

Marquee Redevelopment Property Sells

1048 Pearl was home to the Boulder Daily Camera for 120 years before moving in 2011.  Since then, the space has been viewed as a prime redevelopment opportunity for new office space, retail, residential and even a movie theater in a premiere downtown Boulder location.  Denver's Nichols Partnership Inc, an original bidder four years ago, has purchased the building from Karlin Real Estate for $13.5 million.   Nichols Partnership plans to continue the development proposal Karlin Real Estate has worked on for the last two years.

Nichols Partnership Inc. plans to break ground on the $80 million project in the fall or winter of 2013.  It will be a welcome addition of Class A modern office space for Boulder and its successful start-ups.  Read more at the Boulder County Business Report article. 

We welcome the new development and businesses to our downtown neighborhood!

Artist rendering of the proposed Daily Camera property as
seen from the Walnut Street side. 


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